The Real Diehl is a select column by former United States Mint Director Philip N. Diehl, exclusively for CoinWeek ….. This series of articles will give readers an insider’s view of how Washington, DC, works (and doesn’t work) from my perspective as director of the U.S. Mint The complete story of how the Sacagawea dollar (aka, the Golden dollar) […]
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By Bullion Shark LLC …… On July 8, the United States Mint opened enrollments for the 2023 Morgan and Peace dollars on its website. The 2023 silver dollars will include 2023-P Morgan and 2023-P Peace dollars with an uncirculated finish; 2023-S Morgan and 2023-S Peace dollars with a Proof finish; and a two-coin set with […]
The post Mint Opens Enrollments for 2023 Silver Dollars, 2022 Kennedy Halves in Circulation appeared first on CoinWeek.
In a career spanning nearly six decades including public service under five U.S. presidents, Paul A. Volcker, Jr. worked for private and public firms as an esteemed economist and helped shape the nation’s economic policies. In these roles, he received numerous awards, medals, and commendations from entities both domestic and foreign, which Stack’s Bowers Galleries […]
The post Stack’s Bowers to Offer Collection of Former Fed Chair Paul Volcker in Summer 2022 Showcase Auction appeared first on CoinWeek.
Chief Lynn Malerba will become the first Native American to serve as Treasurer of the United States and will lead the newly established Office of Tribal and Native Affairs By the United States Department of the Treasury …… On Monday, June 27, 2022, ahead of Secretary of the Treasury Janet L. Yellen’s visit to […]
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By Joshua McMorrow-Hernandez for PCGS …… The 2021-P and 2021-D Kennedy half dollars are being distributed via circulation, marking the first time since 2001 that Kennedy halves have been fanned out to the public this way. All three images are courtesy the United States Mint Half dollars really haven’t been a regular part of circulation […]
The post Here’s Why You May Find Kennedy Half Dollars in Circulation Again appeared first on CoinWeek.
By Dillon Gage Metals …… Spot gold surged to an all-time record above $1,900 USD an ounce early Monday on Comex, and silver hit a seven-year high, as the dollar tumbled. The yellow metal touched $1,946.90 an ounce, taking out the record $1,921.17 for spot bullion set in 2011. The dollar fell to near a […]
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September 20, 2019 – Tom Coulson, Liberty Coin Service owner and CEO, terms this week’s actions and statements by Federal Reserve officials as indicating a major risk of a near-term U.S. economic downturn
The Federal Reserve Building in Washington, D.C. (Photo credit www
By Lianna Spurrier for CoinWeek ….. The dollar coin has never circulated well in America. Even designs that are loved by collectors today, such as the Morgan dollar, struggled to find their way out of contemporaneous storage vaults as consumers simply didn’t want them. The Susan B. Anthony dollar was supposed to fix this problem […]
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Seal of the United States Federal Reserve System.
On Sept. 20, 2017, the Federal Open Market Committee announcement included an unusual statement in its next-to-last paragraph: “In October the Committee will initiate the balance sheet normalization process described in June 2017 Addendum to the Committee’s Policy Normalization Principles and Plans
Mint does not distribute coins to local banks
It never ceases to amaze me that even the most seasoned and esteemed numismatists do not understand how United States coinage goes from manufacturing to circulation.
In Harvey Stack’s Viewpoint column (Nov. 18, 2018), he blamed the U
By Charles Morgan and Hubert Walker for Coinweek…. After Donald J. Trump was elected president on November 8, 2016, the numismatic media had reason to wonder whether or not the new administration would reverse the Obama-era decision to include women on the upcoming Federal Reserve Note redesign. Specifically, many wondered if President Trump would direct […]
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Recently on CNBC’s “Trading Nation,” Larry McDonald, publisher of The Bear Traps Report, explained that gold is currently “breaking out.” He elucidated that gold has consistently held a relationship with interest rate hikes by the Federal Reserve and utilized the fictional characters of Charlie Brown and Lucy van Pelt as a metaphor to illustrate this relationship
(Temecula, California) January 25, 2018 — Gold is anticipated to reach $1,460 or potentially more, silver about $20, and platinum about $1,150 by the end of the year. This was determined by conducting an informal survey between January 16-24, 2018, of some of the country’s leading precious metals retail dealers, according to the nonprofit Professional Numismatists Guild (PNG)
Gold is anticipated to reach $1,460 or potentially more, silver about $20 and platinum at about $1,150 by the end of the year, according to an informal survey conducted between January 16-24, 2018 of some of the country’s leading precious metals retail dealers, according to the nonprofit Professional Numismatists Guild (PNG). Members of the Guild’s […]
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By Gary Adkins – President, American Numismatic Association (ANA) …… [Originally delivered at the Second United States Mint Forum on October 17, 2017. —CoinWeek] Thank you Director Motl and your generous staff for inviting me to speak at your annual United States Mint Forum. It is a privilege to be here with you and […]
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The following is a courtesy post from our sister site, Mint News Blog.
Most people know that a president able to appoint several Supreme Court justices during his tenure will have an impact on our country that far outlasts their presidency
The following is a courtesy post from our sister site, Mint News Blog.
Most people know that a president able to appoint several Supreme Court justices during his tenure will have an impact on our country that far outlasts their presidency
Most people know that a president able to appoint several Supreme Court justices during his tenure will have an impact on our country that far outlasts their presidency. However, presidents who have the chance to make major changes to the Federal Reserve’s board of governors can also have a disproportionate impact
By Coinweek …. CoinWeek News Wire for September 1, 2017: Brain Food 1.) Scrooge McDuck and Switzerland For almost 400 years, kreuzers were probably the most important small coins being circulated every day in Switzerland. It was not only a method of payment, but was also used to measure the value of other coins. Kreuzers […]
The post CoinWeek News Wire for September 1, 2017: Fake Gold, Fake Coins, and Fort Knox appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for September 1, 2017: Brain Food 1.) Scrooge McDuck and Switzerland For almost 400 years, kreuzers were probably the most important small coins being circulated every day in Switzerland. It was not only a method of payment, but was also used to measure the value of other coins. […]
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Commentary on Gold Prices for Monday, July 10, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $3.50 at $1,213.20 today in what looks like book squaring or perhaps some mild bargain hunting. The dollar firmed up since Friday – the Dollar Index moved from 95.75 […]
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Commentary for Tuesday, June 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $0.50 today at $1,246.90 in what turned out to be an uneventful day. The domestic market opened higher ($1,250.00) – moved off that high and settled with no buzz on lows for […]
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Commentary for Tuesday, May 16, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $6.40 at $1,236.40 today. The gold market continues to attract minor attention – I say minor because most investors are still looking at stocks as investor “fear” has exited the theater. This is […]
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Two recent Republican bills aim to save taxpayers money By Hubert Walker for CoinWeek …. Two new pieces of legislation have been introduced (in one instance, reintroduced) to Congress that seek to alter the landscape of our nation’s circulating coinage. COINS Act of 2017 Republican Senators John McCain (AZ) and Michael Enzi (WY) introduced the […]
The post One Way or Another: New Legislation Seeks to Change America’s Circulating Coinage appeared first on CoinWeek.
Commentary for Thursday, March 2, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $17.10 at $1,232.90 today in the face of rising optimism and it was a pretty rough day for all the metals. It will be tough for gold to get any traction as the […]
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By Everett Millman – Gainesville Coins ……. One of the most sensitive secrets protected by the Washington establishment is the massive cache of gold reserves held at the federal depository in Fort Knox, Kentucky. Locked Up Tighter Than Fort Knox According to official statistics, the United States holds far and away the largest gold reserves […]
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Commentary for Monday, February 6, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $1.40 at $1,220.80 USD on Friday and is higher by $32.40 on the week. My concern last week over price follow-through remains in place but it is nice to see that gold has […]
The post Gold and Silver Markets – Gold Settles for Quiet Weekly Finish appeared first on CoinWeek.
From left: Citizens Coinage Advisory Committee members Dennis Tucker and Tom Uram; U.S
From left: Citizens Coinage Advisory Committee members Dennis Tucker and Tom Uram; U.S
By Louis Golino for CoinWeek …… August 15 marks the 45th anniversary of the end of the gold standard. In 1971 President Richard M. Nixon ended the convertibility of the dollar with gold, which paved the way for the system of floating, fiat currencies that exists today. Ever since then the U.S. dollar has continued […]
The post The Coin Analyst – Should the U.S. Return to the Gold Standard? appeared first on CoinWeek.
By Littleton Coin Company ……….. Collecting coins by the roll has always offered a “hoarding appeal” – if owning a single desirable coin is fun, why not own a whole roll of them! But roll collecting has been popular for another reason in recent years. The U.S. Mint’s heavy workload, including quarters and dollars with […]
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By Louis Golino for CoinWeek …. As happened four years ago when Ron Paul and other GOP presidential candidates came out in support of a new gold standard–it was even included in the 2012 GOP platform–several candidates have expressed support for the idea during the current GOP presidential race. Ted Cruz and the gold standard […]
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By Secretary of the Treasury Jacob “Jack” Lew ….. [The following is the text of Treasury Secretary Jack Lew’s April 20 announcement concerning the redesign of the $5, $10 and $20 Federal Reserve notes, which confirmed that Harriet Tubman will become the first African-American ever and the first woman to appear on the front […]
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By Clint Siegner – Money Metals Exchange…. Looking Ahead to 2016 Forecasting today’s volatile, high-frequency, machine-driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials at the Federal Reserve are often less than […]
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By Clint Siegner – Money Metals Exchange…. Gold and silver spot prices lost ground to a strengthening U.S. dollar last week. The dollar enjoyed its best week in five months, as other major world currencies weakened. European central bankers are once again hinting at more stimulus, and the Chinese government cut interest rates for the […]
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The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]
The post Gainesville Coins Market Update: May 22-29, 2015 appeared first on CoinWeek.
The United States Mint announced today that circulating coin production at its Philadelphia and Denver facilities are temporarily converting from two-shift to three-shift operations to accommodate an increase in production requirements. The Mint manufactures new coins to supplement Federal Reserve Bank coin inventories. Each month the Federal Reserve places orders for new coins and provides […]
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Courtesy of Everett Millman and GainesvilleCoins.com …. ABSTRACT: As equities markets pulled back amid mostly soft economic indicators, the precious metals had an early-week rally snuffed out by Friday’s close, as both gold and the Dow Industrials have essentially wiped out all of their gains thus far through the 2015 calendar year. GOVERNMENT & POLICY […]
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It was a solid week for the precious metals, which all advanced (excepting palladium) on mounting geopolitical risks and deceptive rhetoric from the Federal Reserve. Equities in the U.S., Europe, and even Asia pulled back this week on uncertainty over the strength and health of the global economy. By Gainesville Coins…. GOVERNMENT & POLICY The […]
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Courtesy of Everett Millman and GainesvilleCoins.com ………. ABSTRACT: Increased volatility on the markets continued as this week was full of surprises, reversals, and unpredictable currents. The Swiss National Bank’s abrupt departure in monetary policy that unpegged the Swiss franc from the euro had the greatest immediate effect on the markets, but a disquieting uncertainty now […]
The post Gainesville Coins Weekly Market Update – The New Normal and Geopolitics appeared first on CoinWeek.
Commentary for Wednesday, Oct 8, 2014 (www.golddealer.com) ……… Gold closed down $6.40 today at $1205.30 in a market which really cannot make up its mind. It actually traded as high as $1220.00 before reversing itself as oil prices came down – WTI crude oil moved lower by $1.15 at $87.47 a barrel and the dollar […]
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